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TB MC Qu. 05-97 (Algo) A company's inventory records indicate the following... A company's inventory records indicate the following data for the month of Aprit: The company uses a periodic inventory system. Determine the cost assigned to ending inventory using the specific identification method. Ending inventory consists of 350 units from the April 16 purchase, 80 units from the April 7 purchase, and 100 units from beginning inventory. Multiple Choice $22.200 Muitiple Choice $22200 $42.450 $35.840 $26.460 $26.980 TB MC Qu. 05-136 (Algo) A company has... A company has the following purchases and sales during October. Using the FIFO penodic inventory method, what is the value of the inventory on October 15 after the sale? Multuple Choice $260 $220 Muituple Cnouce $260 $220 $390 $680 $1130